If you are the owner of the home, you would have been notified if the home is going to be sold. If you are a renter, your landlord would have this information and should have notified you.
Continue to make payments on your mortgage.
An auction is voluntary. Sherriff's sale follows a seizure of property.
A sheriff's sale is a sale which is held when property is seized as the result of a judgment against someone. The property is held by the sheriff and can be sold after notice is given to the public.
Yes. You must pay off the debt in full and get a deed from the person who purchased the property at the sheriff's sale. That deed must be recorded immediately.
When there is a sheriff's sale, a person typically has about 3 to 10 days to move. However, length can vary from state to state.
no
Recalled in a sheriff's sale means that the sale has been canceled or rescheduled for a later date. This could happen for various reasons, such as errors in the legal process or unresolved issues with the property.
When a bank buys back your home at a sheriff's sale, it typically means that the property was foreclosed due to non-payment of the mortgage. The bank purchases the home to recover its losses from the defaulted loan, often at a price lower than the outstanding mortgage balance. After the sale, you may lose all rights to the property, and the bank can either hold the home for resale or sell it to a third party. Additionally, the foreclosure can negatively impact your credit score and financial standing.
In the state of Ohio you have 30 days to vacate the property after a sheriff's sale. If you don't you can be charged with criminal trespassing.
The plural possessive of "sheriff" is "sheriffs'." This form indicates ownership by multiple sheriffs, as in "the sheriffs' office" or "the sheriffs' decisions."
That means there will be other costs (legal and technical) and interest added to the original debt for which the property was siezed.
A sheriff's sale is a public auction of property seized by law enforcement. Typically, a down payment of 10 percent is required at the time of the auction, with the rest due within 30 days.